Date: Fri, 3 Aug 2007 12:56:27 -0500
From: rick++ 
Newsgroups: misc.invest.financial-plan
Subject: Re: Equation for how much would you have to have in the bank....
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On Aug 3, 8:20 am, joetaxpayer  wrote:
> rick++ wrote:
> >>Since health care costs inflate noticeably faster than the cost of
> >>ordinary goods and services, a x25 factor might not be enough.
>
> > MEdical inflation is about 15% or doubling every five years.
> > Regular inflation is 3-4% or doubling about every 20 years.
> > You have to look at total costs for medical inflation.  Some
> > years the premium goes up a lot, while other years they increase
> > the deductable and copays.  You have to track premiums plus
> > out
> > of pocket for several "ordinary" years.
>
> The National Coalition on Health Care claims a 2005 increase of 6.9%
> 'only' twice the inflation rate, and noting that Health Care is 16% of
> GDP.

I computed my numbers from my own routine expenses for the past 15
years
and found a five year doubling. Include premiums, actual payouts,
dental and vision.

You get the same doubling period by comparing the premiums five years
ago
to now, and factoring you are in the next five year older age cohort.
The premiums are up 40% and the age penalty for each five years is
40%.
(Unless you are in medicare where the premiums are up 79% in five
years).